v3.26.1
Income Taxes
3 Months Ended
Mar. 28, 2026
Income Tax Disclosure [Abstract]  
Income Taxes

Note 20: Income Taxes

 

The Company recorded an income tax expense from continuing operations of approximately $85,080 and an income tax benefit in the amount of approximately $225 for the 13 weeks ended March 28, 2026 and March 29, 2025, respectively, and an income tax expense from discontinued operations of approximately $0 and $60 for the 13 weeks ended March 28, 2026 and March 29, 2025, respectively. The Company’s overall effective tax rate was (23.9)% and (11.1)% for the 13 weeks ended March 28, 2026 and March 29, 2025, respectively.

 

The effective tax rates and related provisional tax amounts vary from the U.S. federal statutory rate primarily due to foreign and state taxes and certain non-deductible expenses.